Civic Intelligence

East Granby Library Association Inc.

990 • Fiscal year 2017 • EIN 06-6062503

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2017

24 Center StreetEast Granby, CT 06026

(860) 653-3002

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.04x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

63rd percentile

8.9%

Higher net margin than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

67th percentile

$52,975

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

63rd percentile

9.0%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

72nd percentile

21%

Faster revenue growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$677,086

Up $55,854 (+9.0%) from 2016

Net Assets

Up

$662,681

Up $51,040 (+8.3%) from 2016

Liabilities

Up

$14,405

Up $4,814 (+50%) from 2016

Revenue

Up

$333,972

Up $58,262 (+21%) from 2016

Expenses

Up

$304,285

Up $12,200 (+4.2%) from 2016

Net Income

Up

$29,687

Up $46,062 (+281%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $744,887Liabilities 2011: $17,047Net Assets 2011: $727,8402011Assets 2012: $645,116Liabilities 2012: $25,507Net Assets 2012: $619,6092012Assets 2013: $648,104Liabilities 2013: $26,603Net Assets 2013: $621,5012013Assets 2014: $663,980Liabilities 2014: $11,070Net Assets 2014: $652,9102014Assets 2015: $647,332Liabilities 2015: $11,880Net Assets 2015: $635,4522015Assets 2016: $621,232Liabilities 2016: $9,591Net Assets 2016: $611,6412016Assets 2017: $677,086Liabilities 2017: $14,405Net Assets 2017: $662,6812017Assets 2018: $673,247Liabilities 2018: $9,049Net Assets 2018: $664,1982018Assets 2019: $637,067Liabilities 2019: $7,966Net Assets 2019: $629,1012019Assets 2020: $701,843Liabilities 2020: $38,933Net Assets 2020: $662,9102020Assets 2021: $828,460Liabilities 2021: $11,547Net Assets 2021: $816,9132021Assets 2022: $799,457Liabilities 2022: $11,587Net Assets 2022: $787,8702022Assets 2023: $852,701Liabilities 2023: $64,838Net Assets 2023: $787,8632023Assets 2024: $845,597Liabilities 2024: $28,256Net Assets 2024: $817,3412024

Highlighted filing

2017

Assets$677,086
Liabilities$14,405
Net Assets$662,681

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2011: $282,1942011Expenses 2012: $282,4242012Revenue 2013: $273,888Expenses 2013: $285,057Net Income 2013: -$11,1692013Revenue 2014: $277,292Expenses 2014: $278,145Net Income 2014: -$8532014Revenue 2015: $277,068Expenses 2015: $284,073Net Income 2015: -$7,0052015Revenue 2016: $275,710Expenses 2016: $292,085Net Income 2016: -$16,3752016Revenue 2017: $333,972Expenses 2017: $304,285Net Income 2017: $29,6872017Revenue 2018: $293,151Expenses 2018: $314,928Net Income 2018: -$21,7772018Revenue 2019: $284,004Expenses 2019: $311,029Net Income 2019: -$27,0252019Revenue 2020: $291,768Expenses 2020: $287,595Net Income 2020: $4,1732020Revenue 2021: $384,895Expenses 2021: $302,537Net Income 2021: $82,3582021Revenue 2022: $381,485Expenses 2022: $361,385Net Income 2022: $20,1002022Revenue 2023: $342,582Expenses 2023: $326,209Net Income 2023: $16,3732023Revenue 2024: $327,826Expenses 2024: $333,238Net Income 2024: -$5,4122024

Highlighted filing

2017

Revenue$333,972
Expenses$304,285
Net Income$29,687
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$333,972
Mission and Program Overview

Mission

To create a welcoming gathering spot that offers materials, services, programs, and cultural events to meet the personal, professional, educational, social, and civic needs of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$187,902$184,558▼ $3,344
Land, Buildings, and Equipment, Net$83,586$115,122▲ $31,536
Cash and Non-Interest-Bearing Accounts$9,536$15,953▲ $6,417
Inventories for Sale or Use$8,669$8,561▼ $108
Total Assets$621,232$677,086▲ $55,854
Other Assets Total$331,539$352,892▲ $21,353
Liabilities
Accounts Payable and Accrued Expenses$9,591$14,405▲ $4,814
Total Liabilities$9,591$14,405▲ $4,814
Net Assets / Fund Balance
Permanently Rstr Net Assets$331,540$352,892▲ $21,352
Unrestricted Net Assets$216,331$246,759▲ $30,428
Temporarily Rstr Net Assets$63,770$63,030▼ $740
Total Net Assets Fund Balance$611,641$662,681▲ $51,040
Total Liabilities and Net Assets / Fund Balance$621,232$677,086▲ $55,854

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,357$371,941-
Leasehold Improvements$72,765$166,173-
Other Assets Org$280,159--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$331,539-▲ $21,353-$352,892
2015$338,976-▼ $7,437-$331,539
2014$349,430-▼ $10,454-$338,976
2013$317,168-▲ $32,262-$349,430
2012$304,107-▲ $13,061-$317,168
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa SalazarLibrary DirectorPT$52,975$52,975

Board Members and Trustees

NameTitle
Wayne KorhonenPresident
Tom KuligVice President
Linda PriebeBoard Member
Monique GerkenBoard Member
Nancy CornellSecretary
David HinesTechnology & Facilities
Matthew SmithTreasurer
Kim HechtUsed Book Sale
Revenue and Support

Revenue Composition

Contributions and Grants
$322,933
Program Service Revenue
$0
Investment Income
$11,039
Other Revenue
$0
All Other Contributions
$117,713
Change in Net Assets
$29,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,218
Other Expenses$126,067
Total Fundraising Expense$1,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,787$21,791$0$112,578
Current Officers, Directors, Trustees, and Key Employees$52,975$0$0$52,975
Occupancy$0$40,498$0$40,498
Other Expenses$31,657$0$0$31,657
Depreciation Depletion$0$25,199$0$25,199
Payroll Taxes$10,998$1,667$0$12,665
Information Technology$0$11,633$0$11,633
Office Expenses$0$9,409$0$9,409
Insurance$0$2,783$0$2,783
Fees for Services Accounting$0$1,833$0$1,833
Conferences and Meetings$0$374$0$374
Total Functional Expenses$186,417$115,908$1,960$304,285
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
East Granby Library Association Inc
EIN
06-6062503
Phone
8606533002
Address
24 Center Street, East Granby, CT 06026

Signing Officer

Name
Matthew Smith
Title
Treasurer
Phone
8606533002
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Formed
1976
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
14
Volunteers
5

Preparer

Firm
Massucci & Associates
Address
648 MAIN ST, PLANTSVILLE, CT 06479-1538
Preparer
Daniel F Massucci CPA
Phone
8606280434
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Financial management & trustees review the 990

Form 990EZ, Part II, Line 24

Inventories for sale or use

Form 990EZ, Part II, Line 24

Library Books and Audio-Visual Materials, Net

Form 990EZ, Part II, Line 24

Property, furniture and equipment, net

Form 990EZ, Part II, Line 26

Reserve Funds

Form 990EZ, Part II, Line 26

Payroll liabilities

Financial Statement Notes

Pt III, Line 4

The contents of the historical room include audio and video cassettes, slides, microfilms, maps and title searches on more than 100 old houses, genealogies and histories of surrounding towns and CT; photographs, copies of local newspapers and newspaper articles, town reports and about 365 files and boxes of documents on subjects such as Newgate Prison, Copper Mine and the Farmington Canal. The value of these collections has been excluded from the Statement of Financial Position as it cannot be readily determined. This is information provided to the public regarding relevant local historical information.

Pt V, Line 4

The intended use of the endowment funds is to purchase books.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0268458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0268475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01394707
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09529
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08834
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09197
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt047007
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96740
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.96800
IRS990ScheduleA/PublicSupportTotal170Amt01394707
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0322933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0267302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0267539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0268458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0268475
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01394707
IRS990ScheduleA/TotalSupportAmt01441714
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0331539
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0352892
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt021353
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0338976
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0331539
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-7437
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0349430
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0338976
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10454
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0317168
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0349430
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032262
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0304107
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0317168
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013061
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt042357
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0371941
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0414298
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt072765
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0166173
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0238938
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt072733
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1280159
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest In Assets Held By Community Foundation
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Value of Split Interest Agreements
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The contents of the historical room include audio and video cassettes, slides, microfilms, maps and title searches on more than 100 old houses, genealogies and histories of surrounding towns and CT; photographs, copies of local newspapers and newspaper articles, town reports and about 365 files and boxes of documents on subjects such as Newgate Prison, Copper Mine and the Farmington Canal. The value of these collections has been excluded from the Statement of Financial Position as it cannot be readily determined. This is information provided to the public regarding relevant local historical information.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The intended use of the endowment funds is to purchase books.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt V, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0115122
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0352892
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Financial management & trustees review the 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Inventories for sale or use
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Library Books and Audio-Visual Materials, Net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Property, furniture and equipment, net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Reserve Funds
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Payroll liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt063770
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt063030
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0621232
IRS990/TotalAssetsEOYAmt0677086
IRS990/TotalAssetsGrp/BOYAmt0621232
IRS990/TotalAssetsGrp/EOYAmt0677086
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0322933
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01960
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0115908
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186417
IRS990/TotalFunctionalExpensesGrp/TotalAmt0304285
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09591
IRS990/TotalLiabilitiesEOYAmt014405
IRS990/TotalLiabilitiesGrp/BOYAmt09591
IRS990/TotalLiabilitiesGrp/EOYAmt014405
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0611641
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0662681
IRS990/TotalProgramServiceExpensesAmt0186417
IRS990/TotalReportableCompFromOrgAmt052975
IRS990/TotalRevenueGrp/ExclusionAmt011039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0333972
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0621232
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0677086
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0216331
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0246759
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt024 Center Street
IRS990/USAddress/CityNm0East Granby
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006026
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.egpl.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08606533002
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.46$0.28$8.17$3.28$3.33$0.05
2023Detailed filing. Detailed filing data is available for this year.$8.53$0.65$7.88$3.43$3.26$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.99$0.12$7.88$3.81$3.61$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.28$0.12$8.17$3.85$3.03$0.82
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.39$6.63$2.92$2.88$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$0.08$6.29$2.84$3.11$0.27
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.73$0.09$6.64$2.93$3.15$0.22
2017Detailed filing. Detailed filing data is available for this year.$6.77$0.14$6.63$3.34$3.04$0.30
2016Detailed filing. Detailed filing data is available for this year.$6.21$0.10$6.12$2.76$2.92$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$0.12$6.35$2.77$2.84$0.07
2014Detailed filing. Detailed filing data is available for this year.$6.64$0.11$6.53$2.77$2.78$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$0.27$6.22$2.74$2.85$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.26$6.20$2.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.45$0.17$7.28$2.82